Retirement plan

CASSENS TRANSPORT COMPANY ET AL UNION 401(K) PLAN

Name: CASSENS TRANSPORT COMPANY - CASSENS TRANSPORT COMPANY ET AL UNION 401(K) PLAN (2017) Form 5500
Creator: CASSENS TRANSPORT COMPANY
License: https://www.dol.gov/general/disclaim
Keywords: Form 5500, ERISA, retirement plan, CASSENS TRANSPORT COMPANY ET AL UNION 401(K) PLAN, CASSENS TRANSPORT COMPANY

CASSENS TRANSPORT COMPANYEIN 37-0209195Plan #003PY 2017

145 N. KANSAS ST. - EDWARDSVILLE, IL 620250468618-656-3006cassens.comLinkedIn1001-5000 employeestransportation/trucking/railroad

Other plans on this EIN

1 filing

#001Retirement-$48.5M assets

Prospect flagsLow participationLow employer contribution

How to read this page

Total assets (EOY)

$29.4M

+14.3% from 2016

Total participants

1,900

+3.1% from 2016

Average account balance

$54,375

+20.0% from 2016

Annual return

15.95%

+6.17 pp from 2016

Benchmarks

See 238 peers

Peer group

Industry48 - Transportation and Warehousing

Plan typeDefined contribution

Participants1,000-4,999

Cohort238 peers

Snapshot2017

Free accounts unlock saves, downloads, and 3-year history.

Analytics

Total assets (EOY)

Plan-year ending balance

$32.38M

Not enough data

1 years with asset history on file

Average account balance

Total assets / participants with a balance (line 6g)

$84K

Not enough data

1 years with per-participant data

Participants with account balance

Stacked by status: active / separated vested / retired or beneficiary. Total = line 6g.

387

Not enough data

1 years with headcount on file

Eligible Participants and Participation

Bars: eligible actives (line 6a). Line: derived rate = active employees with a balance / 6a.

18.0%

Not enough data

1 years with eligibility data

Contributions (total)

Employer and participant dollars contributed each year

$1.76M

Not enough data

1 years with contributions on file

Contributions per participant

Average employer and participant contribution per enrolled participant

$1K

Not enough data

1 years with per-participant contribution data

Asset flow

BOY + contributions + return - distributions = EOY

Year

Annual return

Diverging bars; negative years highlighted

+12.01%

Not enough data

1 years with return on file

Admin fee / account holder

Total admin expenses / participants with a balance (line 6g)

$266

Not enough data

1 years with admin cost on file

Asset composition

Cash / stocks / bonds / mutual funds / real estate / loans over time

Not enough data

1 years with F_SCH_H allocation on file

Free accounts unlock saves, downloads, and 3-year history.

Service providers

Top 3 by compensation

Provider	Service type	Compensation
EPIC RETIREMENT PLAN SERVICES3+ years Filed as: EPIC ADVISORS, INC. Service code 12 150 STATE STREET · ROCHESTER, NY 14614	Claims processing; Direct payment fro...	$50,851
BANK OF EDWARDSVILLE3+ years Filed as: THE BANK OF EDWARDSVILLE Service code 13 · EIN 37-0259190	Contract Administrator	$41,947
UPS1 year Filed as: THE UPS STORE Service code 36 2216 TROY ROAD · EDWARDSVILLE, IL 62025	Direct payment from the plan; Copying...	$6,367

Plan features & details

Pension benefit codes2G2J2T3D3H

Plan features

2G
Total participant-directed account plan
Participants have the opportunity to direct the investment of all of the assets allocated to their individual accounts regardless of whether 29 CFR 2550.404c-1 is intended to be met.
2J
Code section 401(k) feature
Cash or deferred arrangement described in Code section 401(k) that is part of a qualified defined contribution plan under which employees may elect to defer part of their compensation or receive these amounts in cash.
2T
Default investment account
Total or partial participant-directed account plan where plan uses a default investment account for participants who fail to direct assets in their account.
3D
Pre-approved pension plan
A master prototype or volume submitter plan that is the subject of a favorable opinion or advisory letter from the IRS.
3H
Controlled group member
Plan sponsor(s) is (are) a member(s) of a controlled group (Code sections 414(b) (c) or (m)).

Opportunity flags

2 tripped

OpportunityLow participation
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
OpportunityLow employer contribution
Employer contribution per participant is in the bottom quintile of the peer cohort.

Expense breakdown

Schedule H Part II

Admin total

$99K

$55 / participant

Contract admin$93K93.6%
Other / not subdivided$6K6.4%

% of EOY assets

0.339%

all-in expense ratio

Categories reported

1 / 9

subdivided buckets used

Audit opinion

Schedule H Part III

Disclaimer opinion

Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.

Auditor firm: BKD, LLP
Auditor EIN: 440160260
Audit fees: (not subdivided)
Opinion code: Disclaimer

Metric

This plan

Peer set

Industry

Size

Avg account balance

$54,375

$65,292-16.7%

$71,671-24.1%

$77,958-30.3%

Participation rate

24.3%

67.4%-43.1pp

68.7%-44.5pp

71.6%-47.4pp

Annual return

15.95%

21.25%-5.3pp

20.65%-4.7pp

20.87%-4.9pp

Employer contribution / active EE

$2,085-100.0%

$2,460-100.0%

$2,310-100.0%

Participant deferral / active EE

$1,056

$3,008-64.9%

$3,438-69.3%

$3,537-70.1%

Admin fee / account holder

$184

$84+118.1%

$5,558-96.7%

$97+89.1%

Provider

Service type

Compensation

EPIC RETIREMENT PLAN SERVICES3+ years

Filed as: EPIC ADVISORS, INC.

Service code 12

150 STATE STREET · ROCHESTER, NY 14614

Claims processing; Direct payment fro...

$50,851

BANK OF EDWARDSVILLE3+ years

Filed as: THE BANK OF EDWARDSVILLE

Service code 13 · EIN 37-0259190

Contract Administrator

$41,947

UPS1 year

Filed as: THE UPS STORE

Service code 36

2216 TROY ROAD · EDWARDSVILLE, IL 62025

Direct payment from the plan; Copying...

$6,367

CASSENS TRANSPORT COMPANY ET AL UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

CASSENS TRANSPORT COMPANY ET AL UNION 401(K) PLAN

Summary metrics

Benchmarksi

Analytics

Service providersi

Plan features & details

Opportunity flagsi

Expense breakdowni

Audit opinioni

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion

Benchmarks

Service providers

Opportunity flags

Expense breakdown

Audit opinion